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There are 60 USDA backed residential loans in Middlesex county with an average loan balance of $141,589. Over 83% of the loans helped first time home buyers. Borrowers were an average age of 41 years old. The typical appraised home value was around $153,075. On average the rural home size purchased with this loan was approximately 1,471 SqFt. Middlesex county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Middlesex County is roughly 428 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Middlesex County is 4. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Middlesex County, VA
* cities most likely to have USDA loan eligible properties for sale.
Amburg • Bayport • Christchurch • Church View • Cooper • *Deltaville • Grinels • Hardyville • Harmony Village • Hartfield • Healys • Jamaica • Locklies • Nesting • Nohead Bottom • Piankatank Shores • Pine Tree • Regent • Remlik • Revis • Ruark • *Saluda • Samos • Stampers • Stingray Point • Stormont • Syringa • Topping • *Urbanna • Wake • Warner • Water View • Wilton
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Middlesex County.
Middlesex County is located on the eastern part of Virginia, in the United States, and is part of the state's Northern Neck region. The county was established in 1673, carved out from Lancaster County. It gained its name from Middlesex, England, which reflects the strong ties between early settlers and their English origins.
Middlesex County was primarily an agricultural community, with tobacco as the chief cash crop during the early years. As the industry developed, fishing in the many waterways surrounding the county also became an essential part of the local economy. In the 19th century, several industries like steamship trade, canned goods, and timber exports flourished.
An interesting and fun fact about this region is that it is the birthplace of two influential Virginians, who became prominent founding fathers of the nation. President George Washington's great-grandfather, John Washington, was from Middlesex County, as well as President James Madison's father, James Madison Sr. Both of these historical figures contributed greatly to the development of the United States, and their roots can be traced back to Middlesex County, Virginia.